Question: Can you please help me answer the fallowing regarding Accounting Information Systems Topic: Control and Accounting Information Systems What is internal control and what are

Can you please help me answer the fallowing regarding Accounting Information Systems

Topic: Control and Accounting Information Systems

What is internal control and what are its objectives?

Define preventive, detective, and corrective controls.

What are some of the most important provisions of SOX?

What is COSOs internal control framework? Describe its five components.

Describe internal environment and its components.

What are control activities?

List the categories of control activities?

Discuss the segregation of systems duties.

According to the segregation of duties rule, what duties should be segregated?

Topic: The Revenue Cycle: Sales to Cash collections

Describe the basic business activities and related information processing operations performed in the revenue cycle.

Discuss the key decisions that need to be made in the revenue cycle, and identify the information needed to make those decisions.

Identify major threats in the revenue cycle and evaluate the adequacy of various control procedures for dealing with those threats.

List and describe the various documents and records used in revenue cycle.

Topic: The Expenditure Cycle: Purchasing to Cash

Describe the basic business activities and related information processing operations performed in the expenditure cycle.

Discuss the key decisions that need to be made in the expenditure cycle, and identify the information needed to make those decisions.

Identify major threats in the expenditure cycle and evaluate the adequacy of various control procedures for dealing with those threats.

List and describe the various documents and records used in expenditure cycle.

Topic: Fraud and Errors

Define Fraud. Distinguish between misappropriation of assets and fraudulent financial reporting.

Describe the fraud triangle. Provide examples of pressure, opportunity, and rationalization.

Give examples of input, processor, computer instructions and data fraud.

List some of the ways in which organizations can prevent or detect fraud.

Topic: Relational Databases

What is a database system, and how does it differ from file-oriented systems?

Explain the importance and advantages of databases.

Distinguish between logical and physical view of the database.

Discuss the important properties of relational database.

Describe the three types of entity associations.

Discuss update, insert, and delete anomalies.

What is meant by referential integrity?

Topic: Introduction to Data Analytics in Accounting

Describe the four Vs of data.

Discuss the knowledge required by future accountants.

What is an analytics mindset?

Describe the ETL process.

Distinguish among structured, unstructured, and semi-structured data.

Define a flat file, delimiter, and text qualifier.

What are the four steps of transforming data?

Discuss the four categories of data analytics.

Topic: Transforming Data

Describe the attributes of high-quality data.

Define data structuring.

Discuss data joining and data pivoting.

Distinguish between data parsing and data concatenation.

Discuss data formatting and data consistency.

Discuss the methods of data cleaning.

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